South Texas DAC Hub

South Texas / Cypress DAC Hub Project - Financing

Borrower(s)
Industry
Social infrastructure/Infrastructure (other)
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

The projects, located in Texas and Louisiana, are the initial selections from the Regional Direct Air Capture (DAC) Hubs programme, which aims to kickstart a nationwide network of large-scale carbon removal sites.The two DAC Hubs will each have a carbon capture capacity of 1 million metric tons and...

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Deal Volume
$1.2bn
Financial Close
11/08/2023
Dealmakers

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Tranches

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Project Deals

South Texas DAC Hub Project
$600m
Greenfield
Infrastructure (other)
North America
North America
United States
Cypress DAC Hub Project
$600m
Greenfield
Infrastructure (other)
North America
North America
United States